John Heasley Sells 12,085 Shares of Anglo American plc (LON:AAL) Stock

Anglo American plc (LON:AAL) insider John Heasley sold 12,085 shares of Anglo American stock in a transaction on Monday, April 15th. The shares were sold at an average price of GBX 2,224 ($27.69), for a total value of £268,770.40 ($334,582.85).

Anglo American Price Performance

LON AAL opened at GBX 2,168.50 ($26.99) on Thursday. The company has a market cap of £29.06 billion, a price-to-earnings ratio of 12,047.22, a PEG ratio of 1.76 and a beta of 1.30. The company has a debt-to-equity ratio of 53.49, a current ratio of 1.85 and a quick ratio of 1.28. The stock’s fifty day moving average price is GBX 1,888.27 and its 200 day moving average price is GBX 1,972.53. Anglo American plc has a 1 year low of GBX 1,630 ($20.29) and a 1 year high of GBX 2,815.50 ($35.05).

Anglo American Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.41 per share. The ex-dividend date is Thursday, March 14th. This represents a yield of 1.89%. Anglo American’s payout ratio is presently 42,222.22%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Barclays reaffirmed an “overweight” rating and set a GBX 2,630 ($32.74) price objective on shares of Anglo American in a research report on Friday, February 9th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Anglo American in a report on Tuesday, April 9th. Berenberg Bank reiterated a “hold” rating and set a GBX 1,600 ($19.92) price objective on shares of Anglo American in a research note on Tuesday, March 26th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 2,500 ($31.12) target price on shares of Anglo American in a research note on Friday, February 9th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Anglo American has a consensus rating of “Moderate Buy” and an average target price of GBX 2,493.33 ($31.04).

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.